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FY2010 Budget Thread

The second change is a reduction in funding to Re:New DeKalb from $50,000 to $45,000 annually.

“This is in consideration in both a reduction in human services funding and as a first step for Re:New DeKalb to be fiscally independent from the city by Fiscal Year 2012,” Espiritu said.

Currently, Re:New is funded by the economic development fund, which relies solely on hotel-motel tax revenues.

If this budget is approved as it stands so far, human services funding will be cut 25%, not 10%. That’s not a very good start on Re:New, then, especially if they indeed propose to phase out the allocation completely within three years. Let’s also make clear that Re:New will never be self-sufficient of tax dollars in any real sense, as its raison d’etre is to spend TIF dollars and its staff enjoy benefits through NIU.